Growth Metrics

Kestra Medical Technologies (KMTS) Operating Expenses (2024 - 2026)

Kestra Medical Technologies (KMTS) reported Operating Expenses of $47.7 million for Q1 2026, up 75.6% year-over-year from $27.1 million in Q1 2025, and up 10.4% on a QoQ basis from $43.2 million in Q4 2025.

Kestra Medical Technologies (KMTS) has 3 years of Operating Expenses data on file, last reported at $47.7 million in Q1 2026.

  • Quarterly Operating Expenses rose 75.6% year-over-year to $47.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $184.4 million (up 91.13% YoY) and the FY2025 annual result came in at $130.6 million, up 52.87% from the prior year.
  • Operating Expenses grew to $47.7 million in Q1 2026 per KMTS's latest filing, from $43.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $55.8 million in Q2 2025 and bottomed at $20.8 million in Q1 2024.
  • The 3-year median for Operating Expenses is $27.1 million (2025), against an average of $33.5 million.
  • Peak annual rise in Operating Expenses reached 156.81% in 2025, while the deepest fall reached 30.36% in 2025.
  • Tracing KMTS's Operating Expenses over 3 years: stood at $25.0 million in 2024, then soared by 72.97% to $43.2 million in 2025, then grew by 10.4% to $47.7 million in 2026.
  • Per Business Quant, the three latest KMTS Operating Expenses figures stand at $47.7 million (Q1 2026), $43.2 million (Q4 2025), and $37.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 4.62 Bn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 391.17 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 115.30 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 1.02 Bn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 434.50 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 594.63 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 867.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 875.37 Mn
10 Kestra Medical Technologies 1.13 Bn 840.05 Mn 12.91 Mn 47.67 Mn

Historic Data

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DateValue
Jan 31, 2026 47.67 Mn
Oct 31, 2025 43.18 Mn
Jul 31, 2025 37.73 Mn
Apr 30, 2025 55.85 Mn
Jan 31, 2025 27.15 Mn
Oct 31, 2024 24.96 Mn
Jul 31, 2024 22.63 Mn
Apr 30, 2024 21.75 Mn
Jan 31, 2024 20.83 Mn